Part 3
Smarter portfolios
Now that you are a convert to the lose-the-fewest-points philosophy and you have your emotions in control, we can begin the process of building a portfolio that makes sense for you, providing you with a reasonable chance of success and survivability – about as much as you can ask for as an investor.
Chapter 6: Smarter risk insight
The reality of being an investor is that you have to take on some risks. While lending your money out in the short term to the government or to a good bank (by placing a deposit) may feel safe, it is rare that the returns on offer are sufficient to allow you to meet your financial goals, particularly when inflation and tax are taken into account. Stepping away from this risk-free world ...
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